what are the requirements for a bidder at a real estste auction what are the requirements for a bidder at a realestate auction?

Asked by Jim Risica, Westerly, RI Mon Jul 9, 2012

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Steve Quinta…, Agent, Albuquerque, NM
Mon Jul 9, 2012
Each auction venue has its own set of rules. Tell me the venue and I will give you more information.
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Lori Douglas…, Agent, Wakefield, RI
Mon Jul 9, 2012
http://www.realtytrac.com/foreclosure/Auction/how-to-buy-hom…

Jim. See above for a great summation of the process. Email me directly at lmoore@remax.net for specifics. Are you by chance the jim im searching for re 1982 whs 30th reunion????
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Jim Graff, Agent, Westerly, RI
Mon Jul 9, 2012
It depends on a lot of criteria, whether the house is a HUD home, Usda, or what type of loan the house was purchased under, nomal sales are a mininum 10% and certified bank check for the remainder of the purchase within 3 days or monday followinf the auction.
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